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Healthcare Reform

 

Another German nursing home restructuring due to financial issues

Last month Berlin-based Dorea - a subgroup of European care homes Groupe Maisons de Famille - became the latest German nursing home operator to file for restructuring due to financial difficulties. As the number of companies financially struggling ramps up at an alarming rate and in quick succession, HBI speaks to two market experts to find out what’s going on.
May 19, 2023

Korian says name change is “not a rebrand”

Last month leading French nursing home operator Korian announced that as of July 1, it will be adopting a new name. Going forward, parent company Korian will be known as ‘Clariane’ - a name HBI understands is designed to evoke clarity and transparency. Is this a reaction to the recent scandals engulfing the sector? Korian claims not. Our sources disagree.
May 17, 2023

Ireland’s ‘Fair Deal Scheme’ for nursing homes under fire

As an Irish nursing home is pulls one of its homes out of the public funding scheme citing “extreme financial pressure”, and elements in the government appear increasingly hostile to for-profits in the sector, HBI speaks to a market expert and asks if this is a blip, or a trend.
May 12, 2023

Finnish outsourcing opportunities slow to materialise

The SOTE reform to the Finnish health care system has been in place since January 1, 2023, but additional outsourcing opportunities have been slow to materialise. Operators are nonetheless convinced they are on the way.
May 10, 2023

Orpea restructuring: What will it look to sell?

It has been almost six months since under-fire French nursing home giant Orpea announced plans to get its core business back on track, restructure its debt, and sell around €1.2bn worth of real estate over the next three years. As discussions separating the wheat from the chaff go on behind closed doors, HBI asks three experts where, and what it might sell, and reviews what other French operators like Korian are doing to repair reputation.
May 5, 2023

Activist Dutch competition authority gets reigned in 

Last year we reported that The Netherlands’ competition authority was becoming increasingly activist in blocking health care mergers. But two recent decisions, one from the government and one from a judge, call into question the extent to which it can do this.
May 5, 2023

HC-One placed under embargo by concerned council

Leading nursing home operator in the UK HC-One has issued a formal apology to the families of three deceased former residents for shortcomings in one of its homes. In response, the Cambridgeshire City Council (CCC) has placed an embargo on the operator, halting all admissions until at least 2024. Click here to read more about […]
April 28, 2023
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